Brief: NCAB Group Q1 EBITA Up At SEK 183.7 Mln

NCAB AB (publ)

26/04/2023 06:25

April 26 (Reuters) - NCAB Group AB (publ)  NCAB.ST :
    * Q1 OF 2023 DELIVERED SIGNIFICANTLY HIGHER EARNINGS THAN IN
2022
    * Q1 ORDER INTAKE DECREASED 12% TO SEK 1,029.6 MILLION
(1,171.3)
    * Q1 NET SALES WERE IN LINE WITH PREVIOUS YEAR, AT SEK
1,146.4
MILLION (1,141.3)
    * Q1 EBITA INCREASED 26% TO SEK 183.7 MILLION (146.3)
    * ORDER INTAKE AND SALES WERE ADVERSELY IMPACTED BY LOWER
PRICES
FOR PCBS
    * WE SAW CLEAR SIGNS OF INCREASED ACTIVITY IN CHINA DURING
Q1,
WHICH IS WHY WE BELIEVE PRICES WILL STABILISE

Source text for Eikon:  ID:nMFN2FCmw3 
Further company coverage:  NCAB.ST 

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